首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
•Read this text taken from an article about logistics and corporate profit performance. •Choose the best sentence to fill each o
•Read this text taken from an article about logistics and corporate profit performance. •Choose the best sentence to fill each o
admin
2010-01-28
86
问题
•Read this text taken from an article about logistics and corporate profit performance.
•Choose the best sentence to fill each of the gaps.
•For each gap 9—14, mark one letter (A—H) on your Answer Sheet.
•Do not use any letter more than once.
In an uncertain economic environment, top management will be interested in asset management and flow management. H . They can represent over 50 percent of manufactures’ total asset, and more than 80 percent of wholesalers and retailers’ total assets.
When top management mandates a reduction in accounts receivable and/or inventories, its objective is to improve cash flow and reduce the company’s investment in assets. (9) . But reduction in the terms of sale, or even enforcement of the stated terms of sale, in effect changes tile price component of the firm’s marketing mix. (10) .
The arbitrary reduction of accounts receivable and/or inventories in the absence of technological change or changes in the logistics system can have a devastating impact on corporate profit performance. (11) . First, the change alters the manufacturer’s price and therefore the competitive position of its products, which may lead to decreased sales. Second, it further complicates the cash flow problems of the manufacturer’s customers. Forcing faster payment of invoices causes channel members to improve their cash flow by reducing their inventories of the manufacturer’s products. (12) . This situation may also result in stock-out of the manufacturer’s products as the wholesale or retail level of the channel, further reducing sales volume.
Similarly, a manufacturer’s policy of arbitrarily reducing inventory level to increase inventory sums, in the absence of a system change, may escalate transportation costs and/or production setup costs as the logistics system scrambles to achieve the specified customer service levels with lower inventories (assuming the company was efficiently and effectively distributing products prior to the policy change). (13) In this case, customer service levels would be eroded, and a decrease in market share might result. (14) .
A However, if management concentrates on system changes that improve logistics efficiency and/or effectiveness, it may be able to satisfy all of the firm’s objectives.
B Usually, management assumes that revenues and other costs will remain the same.
C They do so by placing smaller, more frequent orders, which may increase total logistics cost for both the manufacturer and its customers.
D In either set of circumstances, the increased cost of transportation and/or production or the lost sales contribution could far exceed the savings in inventory carrying cost.
E If a manufacturer changes its terms of sale, for example, the effect on wholesalers and retailers will be twofold.
F In addition, simply reducing the level of inventory can significantly increase the cost of logistics if current inventories have been set at a level that allows the firm to achieve least total cost logistics for a desired level of customer service. G Alternatively, pressure to reduce expenses may preclude the use of premium transportation or increased production setups to achieve the desired customer service levels with smaller inventory.
H The two most common strategies used to improve cash flow and return on assets are= (1)reducing accounts receivable and(2)reducing the investment in inventory, as inventories and accounts receivable are a major portion of corporate assets.
选项
答案
C
解析
转载请注明原文地址:https://kaotiyun.com/show/6SKd777K
本试题收录于:
BEC高级阅读题库BEC商务英语分类
0
BEC高级阅读
BEC商务英语
相关试题推荐
Whatkindofbusinessisbeingadvertised?
Whattypeofbusinessisthespeakercallingfrom?
A、 B、 C、 B(A)不要把选项中的delivery与题干中的deliver混淆。(B)用副总裁这一职位进行了回答。(C)特殊疑问句不能用yes/no回答,同时利用了与deliver相关的additionalcha
WhatkindofbusinessisTara’s?
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
HowtoapproachSpeakingTestPartTwo•Inthispartofthetestyougiveashorttalk(approximatelyoneminute)onabusiness
Inthispartofthetest,youareaskedtogiveashorttalkonabusinesstopic.Youhavetochooseoneofthetopicsfromthe
•YouwillhearabusinesspresentationaboutHigh-ImpactViralMarketingStrategies.•Asyoulisten,forquestions1—12,complet
HowtoapproachListeningTestPartOne•InthispartoftheListeningTestyoulistentoamonologue,e.g.apresentation.•B
随机试题
肺心病患者应用抗生素最理想的是
阿托品在临床上最常用于
枳壳通过哪种途径给药具有升压作用
水肿的治疗,《内经》提出"开鬼门"一法,属于八法中的()
某工地按现行国家标准《通用阀门压力试验》GB/T13927《自动喷水灭火系统第6部分:通用阀门》GB5135.6的要求,对消防用碟阀开展进行检验。下列检查项目中,不属于进行检验项目的是()。
在导游服务集体中对旅游团(者)的旅游活动负有全责,起着主导作用的是()。
教学内容:人教版七年级数学上册第96页中的片段:下面的框图表示了解这个方程的流程:根据上述提供的教学内容,完成下列任务:提炼出“解一元一次方程”的一般步骤:
下面的四个成语或俗语中,()说的就是典型的正迁移现象。
min{1,t2}dt=()
This______girlisMary’scousin.
最新回复
(
0
)